If you’re planning to buy a house or take out a business loan in the near future, you’ll want to work hard to boost your credit score well ahead of time in order to improve your likelihood of getting the loan you need. But what can you do in order to build your credit score over time? Here’s what you need to know.
Tag: Mortgages
Understanding the CFPB’s New Mortgage Rules and How They Might Affect You
The CFPB has several regulations that mortgage lenders need to follow, some of which have only recently come into effect. So how do the CFPB’s new mortgage rules affect you? Here’s what you need to know.
Three Tips to Ensure That a Reverse Mortgage Makes Sense for Your Financial Situation
If you’re having financial troubles, or if you need to free up a large sum in a short period of time, a reverse mortgage is a great way to get the money you need without having to take on new debt or make monthly payments. The great advantages of a reverse mortgage are that you don’t need to make any loan payments until you decide to move out of the house and that in spite of the interest rates attached, you’ll never owe more than the value of your home.
Can You Refinance into a VA Mortgage from Another Type of Mortgage? Yes, If You Qualify
VA mortgages stand out as one of the biggest benefits to men and women serving in the military. Although private lenders make the loan, the Department of Veterans Affairs guarantees all VA mortgages, which is why these loans come with favorable terms and benefits not found with other mortgage types.
Retiring Soon? Learn How a Reverse Mortgage Can Add to Your Retirement Security
How does a reverse mortgage work, and how can it help you to have a more financially secure retirement? Here’s what you need to know.
Worried about Your FICO Score? 4 Easy Strategies to Fix It Up
If you’re worried about your bad credit, you’ll want to do everything in your power to improve your rating as quickly as possible – especially if you have a major purchase coming up. Improving your credit rating can give you access to better interest rates on mortgages or even help you to get that job you’re after.
So how can you boost your FICO score quickly and easily? Here’s what you need to know.
The Pros and Cons of A Fixed Rate Second Mortgage vs. Opening a Home Equity Line of Credit
If you’re looking at paying off debt and are re-considering the equity in your home, here are a few things you’ll need to know about refinancing your mortgage and home equity lines of credit.
The FHA Mortgage Minimum Credit Score Has Been Reduced. Here’s What You Need to Know…
If you haven’t heard about the changes to the Federal Housing Administration’s (FHA) credit score minimum, here’s some information on the recent reduction and how it may impact your home purchase.
If There’s One Mistake That You Make With Your Mortgage…Don’t Make This One
There is so much to know when it comes to home ownership that even wading into all of the information can seem overwhelming. Here are a few ways that you can ensure you’re ready for what a mortgage entails so that buying your dream home will be a positive experience you won’t regret.
How to Calculate Your True Cost of Living and Determine How Much Mortgage You Can Afford
If you’re in the market for a house and are wondering how your income will stack up against the rest of your expenses, here’s how to determine a home cost that’s reasonable for you.
Emma Butler Group- Mortgage Tips & Community 